Alice M And Samuel Yarnold Scholarship Tr
- Assets
- $837.4k
- Revenue
- $64.8k
- Investments
- $788.1k
- Employees
- 0
- Location
- Portsmouth, NH
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 02-0476417
Organization Overview
Alice M And Samuel Yarnold Scholarship Tr is located in Portsmouth, NH. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alice M And Samuel Yarnold Scholarship Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Alice M And Samuel Yarnold Scholarship Tr generated $64.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $61.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alice M And Samuel Yarnold Scholarship Tr has awarded 57 individual grants totaling $125,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARD SCHOLARSHIPS TO POST-SECONDARY STUDENTS IN FIELDS OF NURSING, MEDICINE AND SOCIAL WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen H Roberts Trustee | 1 | $0 | |
Kathryn Lynch Trustee | 1 | $0 | |
William S Danford MD Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $27,780 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,770 |
| Capital Gain Net Income | $36,770 |
| Net ST Capital Gain | $1,904 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $276 |
| Total Revenue | $64,844 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,371 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,977 |
| Total operating and administrative expenses | $19,948 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $61,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,273 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $837,388 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alice M And Samuel Yarnold Scholarship Tr has awarded $42,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
MACKENZIE BRONSON PURPOSE: MEDICAL DOCTOR | $5,000 |
MIKAELA BOYER PURPOSE: NURSING | $2,000 |
MELANIE CURRIER PURPOSE: NURSING | $2,000 |
SAPANA PACHKOTI PURPOSE: NURSING | $2,000 |
ERIN DEAN PURPOSE: NURSING | $2,000 |
JACOB DUBAY PURPOSE: NURSING | $2,000 |